The Optimism Foundation is the organization behind Optimism, a leading Layer 2 scaling solution for Ethereum that utilizes Optimistic Rollup technology. Its mission is to address Ethereum's scalability challenges by enabling developers to build and deploy applications with significantly lower transaction fees and faster confirmation times, while still inheriting the security of the Ethereum mainnet. The project is governed by the Optimism Collective, a two-house system (Token House and Citizens' House) aimed at rewarding public goods and building a sustainable future for the ecosystem. Its history is rooted in the plasma research group, evolving to become a cornerstone of the Ethereum scaling landscape.

Founded in

United States